Largest option buying in equities so far
Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.
Cigna (CI): Investors bought 3,000 January 43 calls for $1.16, looking for upside. CI fell 1.42 percent to $42.91.
Bank of America (BAC): Investors bought more than 11,000 January 2013 10 calls for $0.24 to $0.27, looking for shares to rally over the course of next year. BAC fell 2.55 percent to $5.34.
Gold Fields (GFI): An investor sold 6,000 April 14 puts for $0.76 and purchased 6,000 January 14 puts for $0.16, apparently rolling a short position in hope that shares will hold their ground. GFI fell 1.54 percent to $15.36.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
